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20131028
20131105
Search Results 0 to 5 of about 6 (some duplicates have been removed)
with the dramatic reduction in the federal deficit. >> quite dramatic. it's 680 million, the first time it's been under a trillion in five years. if you look at this chart, you'll see it's less than half it was in 2009. why? well, a pull back in stimulus packages. of course sequestration, across the board budget cuts. and taxes on the top 1%. and also if you go back to 2008 and that housing crisis, fanny and freddie mac and the government bailout have started to pay the government back. that's reflected in the figure. >> auto sales. how did they fair last month given the government shutdown. >> it did have an effect. the back half was quite successful. particularly with trucks. you see one truck ad after another. full 60 seconds, very brand specific. the average transaction price for a full size truck is $39,000. they are more fuel efficient, quite luxurious. and brand advertising. that's important. because it's not just is targeting people purchasing trucks but a new generation of young boys. >> going bananas. >> if you look at the list, number one is sandwiches. that's interesting. it's number
them to the deficit and easing the sequester. there's a deal to be made if both sides will approach it with willingness to engage in give and take. >> i'm curious how optimisticing that lawmakers will do the same because you're saying give and take, both sides have to give a little. >> well, remember, first of all, let's start with the things we agree on. we agree with a lot of the president's entitlement reforms. we don't think we should have to pay for areas we agree by doing things like raising taxes. we don't expect the democrats to embrace the ryan plan on medicare or the block grant medicaid to the states. so they've got some lines in the sand on their side. i respect that. but there's enough room in the middle to actually get something done, and frankly, if not, you know, the sequester levels of spending are already written into the law. and we can certainly enact those. but again, we think there's better ways to save money and still have money to do some of the things the president's talking about doing. infrastructure development and certainly easing some of the domestic sp
deficits and debts. that's a difficult perspective. we need to recognize these spending issues are important. we need to be on a balanced budget. we need to be focused on what's going to give a sound, fiscal opportunity for this country. >> but you have to look at issues as well. you cannot ignore the problems being imposed on families on a daily basis with the cuts to the food stamp program. look at your state alone in north carolina. 1.7 million americans rely on these s.n.a.p. benefits. economists estimate every food stamp dollar turns around and brings in $1.70 in terms of impacting the local economy, which means a total economic loss to your state of about $280 million in the coming year, money that's no longer going out to farmers or grocers or others. what's your reaction to that? >> if it was that good, we would have a robust economy. as it is right now, our economic growth is about 1.8%. unemployment is about 7.5%. we have about 170,000 new jobs per month. that is very slow growth. you know, back in the '80s when reagan cut the tax obligation, cut the regulation, we di
Search Results 0 to 5 of about 6 (some duplicates have been removed)